this post was submitted on 02 Jul 2025
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[–] tal@lemmy.today 10 points 16 hours ago* (last edited 16 hours ago)

This led to significant inventory buildup in America that will now need to be cleared, according to market watcher Canalys. However consumers are not biting because of several factors, including that tariffs have pushed up prices in a number of key spending categories already, meaning households are likely focusing on essentials and avoiding forking out on discretionary items.

To put this in blunter terms, the Trump administration had already started taxing the poorer chunk of the population sufficiently on other items via tariffs that it had drained off their available disposable spending money, preventing them from buying the imported-before-tariffs-went-into-force PCs, since they don't have the funds available to do so.